News

End appears near to Dodgers' ownership saga - Los Angeles Times

03/25/12

Yet Plan B was just as important. If McCourt had to sell the Dodgers, the U.S. Bankruptcy Court would oversee the sale, not Major League Baseball. John Moores might have liked court protection. Moores agreed three years ago to sell the San Diego ...

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03/26: Bankruptcies - Orlando Sentinel

03/25/12

Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Central Florida individuals and businesses that have filed for reorganization and protection from creditors under ...

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Rivals Circle Grubb & Ellis - Wall Street Journal

03/25/12

But a bankruptcy court judge is expected to approve the sale of Grubb to BGC Partners Inc. within days, and rival brokers are already salivating. Grubb manages some 15 million square feet of property in the New York area and about 200 million square feet ...

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DRI Plans To Sell Operations Under Section 363 Of Chapter 11 - RTT News

03/25/12

(RTTNews) - DRI Corp. (TBUS.OB: News ), Sunday said it has filed in Eastern District of North Carolina Bankruptcy Court for sale of its assets and operations under Section 363 of Chapter 11. DRI's Board has formed a special committee to consider and ...

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Apple barred from pursuing Kodak patent claims now - Yahoo Finance

03/25/12

U.S. Bankruptcy Judge Allan Gropper, who oversees Kodak's Chapter 11 case, said at a Thursday hearing it would be an "inappropriate way forward" to allow Apple to continue pursuing litigation over a Kodak patent that lets consumers preview ...

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United Western Bancorp, Inc. and Two of Its Subsidiaries Commence Voluntary Chapter 11 Business Reorganization - Yahoo Finance

03/25/12

The Bankruptcy Filing is intended to allow the Company time to facilitate a reorganization and to pursue the case titled United Western Bank v. Office of the Comptroller of the Currency, et al. 1:11-cv-408 (ABJ) (the “OCC Litigation”) in the ...

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Kodak: more details emerge behind fall into Chapter 11 - ProPrint

03/25/12

A dramatic collapse in licensing revenues at Kodak's Consumer Digital Imaging division and a doubling of losses at its Graphic Communications Group wing helped propel the firm into Chapter 11 bankruptcy protection. Recently filed figures reveal that Kodak ...

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Allen Printing emerges from Chapter 11 to produce record sales - Nashville Post

03/25/12

Two years ago, Shannon and Paul Heffington faced a daily tsunami of doubt and denial as their printing company hurtled toward eventual bankruptcy. Paul remembers the day when the numbness gave way to raw emotion: He collapsed and cried.

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Failed mortgage firm's trustee seeks $475,000 more in legal fees - Fosters Daily Democrat

03/25/12

That would bring the firm's total payment thus far — including $308,000 held back until the case is closed — to more than $1.76 million, according to Monday's filing in the massive bankruptcy case. Jim Donchess said that his small firm ...

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Failed mortgage firm's trustee seeks $475,000 more in legal fees - Fosters Daily Democrat

03/25/12

That would bring the firm's total payment thus far — including $308,000 held back until the case is closed — to more than $1.76 million, according to Monday's filing in the massive bankruptcy case. Jim Donchess said that his small firm ...

[more]